First Majestic Silver Reports Strong Q4 2025 Earnings

Silver mining company sees boost in metals prices and production

Published on Feb. 25, 2026

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First Majestic Silver Corp., a leading silver mining company, reported strong financial results for the fourth quarter of 2025, citing an uptick in silver prices and increased production across its operations. The company's founder and CEO, Keith Neumeyer, hosted a conference call with analysts to discuss the quarterly and full-year performance.

Why it matters

First Majestic Silver's results are seen as an important indicator of the overall health of the silver mining industry. As one of the largest primary silver producers globally, the company's performance can provide insights into broader market trends and dynamics affecting precious metals.

The details

During the call, Neumeyer highlighted several key factors contributing to the company's solid Q4 2025 performance, including higher realized silver prices and increased production volumes across First Majestic's portfolio of mines in Mexico. The executive team, including the president, CFO, COO, and other senior leaders, participated in the conference to provide additional context and field questions from analysts.

  • First Majestic Silver reported its Q4 2025 financial results on February 19, 2026.
  • The company held its quarterly earnings conference call on the same day at 11:30 AM EST.

The players

Keith Neumeyer

Founder, CEO & Director of First Majestic Silver Corp.

Mani Alkhafaji

President and Chief Corporate Development Officer of First Majestic Silver Corp.

David Soares

Chief Financial Officer of First Majestic Silver Corp.

Steve Holmes

Chief Operating Officer of First Majestic Silver Corp.

Samir Patel

General Counsel and Corporate Secretary of First Majestic Silver Corp.

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What they’re saying

“We have a full room here in Vancouver. We have Mani Alkhafaji, President and Chief Corporate Development Officer, here with us today; David Soares, our CFO; Steve Holmes, our COO; Samir Patel, our General Counsel and Corporate Secretary.”

— Keith Neumeyer, Founder, CEO & Director (Seeking Alpha)

What’s next

First Majestic Silver is expected to provide further updates on its 2026 production and growth plans during its upcoming annual general meeting, scheduled for May 2026.

The takeaway

First Majestic Silver's strong Q4 2025 performance, driven by higher silver prices and increased production, underscores the company's operational excellence and ability to capitalize on favorable market conditions in the precious metals sector.